Latest news and trends about tech

Temasek’s SeaTown closes second private credit fund at over $1.3B

SeaTown Holdings International, a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, has on Tuesday announced the final close of the SeaTown Private Credit Fund II (PCF II) with over $1.3 billion in capital commitments.

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Empowering tomorrow’s innovators: The role of family offices in tech funding and social impact initiatives in Singapore

Family offices are pivotal in Singapore's tech funding landscape, leveraging substantial resources and a long-term investment outlook to drive innovation and social impact. By prioritizing initiatives aligned with #ESG principles and investing in education, research studies, and start-ups, they not only address funding gaps but also foster solid grounds for…

Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory

Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), a subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.

Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud

Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.

S&P: tech crackdown could boost tech expenses for South and Southeast Asia banks

Technology expenses for banks in South and Southeast Asia could continue to increase at 15 percent to 20 percent a year over the next two to three years following a recent tech crackdown, S&P Global Ratings said Monday.

Farquhar VC invests in South Korean EdTech AI startup Catius

Singapore venture capital fund Farquhar VC (FVC) has announced its investment into South Korean EdTech artificial intelligence (AI) startup Catius Inc, whose lead investors of the pre-A round includes Smilegate Investments and STIC Ventures.

Hong Kong’s biotech firm Geb Impact aims to raise funds as it eyes further expansion

Geb Impact is one of the finalists of Fund at first pitch at BEYOND Expo 2024.

Vietnam’s VinFast delays Thai dealerships amid slowdown in global EV sales – report

The company is targeting expansion to at least 50 countries in 2024. VinFast has been aggressively expanding its businesses in several regions.

Woman Coding on Computer

Web3 opportunities: Do your developer skills make the cut?

Building on #Web3 allows developers to create powerful applications with immediate access to payment rails, user accounts, business logic, and all of the data ever stored on the #blockchain. By leveraging existing skills and embracing new concepts, developers can superpower their solutions by harnessing web3’s decentralization and incentivization.

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What startups need to know about recruiting Gen Z talent

Enlisting #GenZ talent presents a unique opportunity for startup organizations to build innovative, forward-thinking teams. Emphasizing flexibility, technology, growth opportunities, and a commitment to diversity and sustainability will position startups as employers of choice for the next generation of workers.